Lifestyle

US Federal Reserve floats weaker version of planned bank-capital overhaul
US Federal Reserve floats weaker version of planned bank-capital overhaul
THE Federal Reserve has shown other United States regulators a three-page document of possible changes to their bank-capital overhaul that would significantly lighten the load on Wall Street lenders,...
Heineken to close one of its breweries in Vietnam
Heineken to close one of its breweries in Vietnam
Heineken Vietnam, a unit of the world’s second-largest brewer Heineken, has informed authorities about plans to close of one of its breweries in the South-east Asian country due to...
Fidrec’s claim limit to be raised to S0,000 from July
Fidrec’s claim limit to be raised to S$150,000 from July
THE Financial Industry Disputes Resolution Centre (Fidrec) will proceed with amendments to its terms of reference, including raising the adjudicating award limit per claim to S$150,000. This comes after...
Brokers’ take: SAC initiates coverage on ISOTeam with ‘buy’ call on growth drivers
Brokers’ take: SAC initiates coverage on ISOTeam with ‘buy’ call on growth drivers
The research team expects ISOTeam to gain more market share and improve its margins.SAC Capital has initiated coverage on ISOTeam with a “buy” recommendation and target price of S$0.073....
China wants EU tariffs on EVs gone by Jul 4 as talks resume
China wants EU tariffs on EVs gone by Jul 4 as talks resume
BEIJING wants the European Union to scrap its preliminary tariffs on Chinese electric vehicles (EVs) by Jul 4, China’s state-controlled Global Times reported, after an agreement by both sides...
Australia to make supermarket industry code mandatory, breaches may result in huge fines
Australia to make supermarket industry code mandatory, breaches may result in huge fines
AUSTRALIA could impose billion-dollar fines on big supermarket chains that fail to comply with an industry code of conduct, the federal government said on Monday (Jun 24) as it...
Gold prices edge higher as US Treasury yields soften
Gold prices edge higher as US Treasury yields soften
GOLD prices inched higher on Monday (Jun 24) as Treasury yields edged lower, while investors await economic data and comments from Federal Reserve officials through this week for clarity...
Chinese automakers look to livestreaming to shake stuffy image
Chinese automakers look to livestreaming to shake stuffy image
COMPETITION in China’s cut-throat car market is pushing even senior legacy auto executives to take up livestreaming to promote sales.The jeans-and-jacket-wearing electric vehicle (EV) startup bosses have increasingly been...
Geo Energy to recover US million in outstanding receivables after sale of creditor’s rights
Geo Energy to recover US$18 million in outstanding receivables after sale of creditor’s rights
The move, which is accretive to the group’s cash flow, will provide financial certaintyINDONESIAN coal producer Geo Energy Resources on Monday (Jun 24) said it agreed to sell certain...
Food Empire to issue up to US million in redeemable exchangeable notes
Food Empire to issue up to US$40 million in redeemable exchangeable notes
FOOD and beverage manufacturer Food Empire signed a non-binding term sheet to issue Asean private equity fund manager Ikhlas Capital Singapore up to US$40 million in redeemable exchangeable notes.Ikhlas...